When your annual investment income covers 100% of your annual expenses you have achieved financial independence. You are no longer dependent on a salary to live and are free to use your time however you please.

When will I achieve financial independence?

$
.00
$
.00
$
.00
%
$
.00
You will be free in 12.2 years
with a savings rate of 60%
monthly expenses $3,333
monthly savings $5,000
portfolio value $1,000,000
Year Income Expenses Savings ROI
Δ Portolio
Value
Portfolio Value
Passive
Income
% of Expenses Covered
0 - - - - - $0 $0
1 $100,000 $40,000 $60,000 $1,430 $61,430 $61,430 $2,457
6%
2 $100,000 $40,000 $60,000 $4,502 $64,502 $125,932 $5,037
13%
3 $100,000 $40,000 $60,000 $7,727 $67,727 $193,659 $7,746
19%
4 $100,000 $40,000 $60,000 $11,113 $71,113 $264,772 $10,591
26%
5 $100,000 $40,000 $60,000 $14,669 $74,669 $339,441 $13,578
34%
6 $100,000 $40,000 $60,000 $18,402 $78,402 $417,843 $16,714
42%
7 $100,000 $40,000 $60,000 $22,322 $82,322 $500,165 $20,007
50%
8 $100,000 $40,000 $60,000 $26,438 $86,438 $586,603 $23,464
59%
9 $100,000 $40,000 $60,000 $30,760 $90,760 $677,363 $27,095
68%
10 $100,000 $40,000 $60,000 $35,298 $95,298 $772,661 $30,906
77%
11 $100,000 $40,000 $60,000 $40,063 $100,063 $872,724 $34,909
87%
12 $100,000 $40,000 $60,000 $45,066 $105,066 $977,790 $39,112
98%
12.23 $20,304 $9,231 $11,073 $11,137 $22,210 $1,000,000 $40,000
100%
13 $0 $30,769 $0 $38,452 $7,683 $1,007,683 $40,307
101%